Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 1.54 to 0.82 . 1.11 (40.28%) .
Intermediate 0.82 to 1.16 . 1.0135 (43.09%) .
Short 0.831 to 1.16 . 1.0135 (44.53%) .